Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Venture Capital Schemes Manual

HM Revenue & Customs
, see all updates

CVS: investors and reliefs: withdrawal of investment relief: interest


Where relief is withdrawn by reason of an event occurring after the date when it was obtained, interest runs from the date of that event, which of course will always precede the date when the assessment is made.

Where relief is withdrawn following a discovery that it was excessive or should not have been claimed, however, the normal rules for interest apply.